Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
ETHZilla Corporation ( (ETHZ) ) just unveiled an update.
On September 5, 2025, ETHZilla Corporation amended its Asset Management Agreement with Electric Treasury Edge, LLC, expanding the scope of account assets and advisory services. Additionally, on September 8, 2025, ETHZilla’s subsidiary entered into a Transaction Agreement with Cumberland DRW LLC to secure up to $80 million, collateralized by $125 million in ETH, to fund its $250 million stock repurchase program. The company has repurchased 2.2 million shares, reducing outstanding shares by 1.3%, and appointed McAndrew Rudisill as CEO. ETHZilla’s current ETH holdings are valued at $443 million, with $213 million in USD cash equivalents.
More about ETHZilla Corporation
ETHZilla Corporation is focused on developing an accumulation vehicle for Ether (ETH), aiming to set a benchmark for on-chain treasury management among public companies. Initially established as a biotechnology firm, it has transitioned towards software-enabled gaming and entertainment, while maintaining its ETH treasury strategy.
Average Trading Volume: 12,132,547
Technical Sentiment Signal: Sell
Current Market Cap: $379.9M
For detailed information about ETHZ stock, go to TipRanks’ Stock Analysis page.